• 제목/요약/키워드: information economics models

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인터넷 쇼핑몰에서 의류상품에 대한 착의경험 정보제공이 트래픽과 판매성과에 미치는 영향 (The Effect of Trial-Experience Information on the Traffic and Sales Performance of Apparel Product Websites)

  • 김태연;이윤정
    • 한국의류학회지
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    • 제29권11호
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    • pp.1369-1380
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    • 2005
  • This study suggests a strategy of providing apparel product information from the wearers' perspective on Internet shopping malls, as a way of compensating for the lack of opportunities to try on the actual product. On an actual Internet shopping mall that sells apparel product, the 'trial-experience information' (the experiential information provided by the fit models who tried on the products) was provided for 83 different items from four women's wear brands. The traffic and sales performances (number of visitors, page view, gross sales of goods, conversion rate, and the numbers of customer transactions) of the apparel product websites that contain trial-experience information were compared to the performances of the brand's websites before this information was implemented. The changes in percent contribution of these brands in women's wear category were also noted. The specific results are as follows: First, all the four performance measures as well as the percent contribution of the experiment products in women's wear category increased noticeably throughout the experiment period (11 to $103\%$). Second, when the percent contribution of these brands in women's wear category in terms of traffic and sales performances were compared to the previous year, these measures increased between $497\%\;and\;2851\%$. Third, the amount of customer transactions also increased after the trial-information was provided, yet to a relatively smaller extent $(29.04\%\;to\;55.25\%)$. The findings showed that trial-experience information provided on the Internet shopping malls may reduce customers' risk perception and lead to increased sales of apparel product and improve the site use ratio.

Block Trading Based Volatility Forecasting: An Application of VACD-FIGARCH Model

  • TU, Teng-Tsai;LIAO, Chih-Wei
    • The Journal of Asian Finance, Economics and Business
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    • 제7권4호
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    • pp.59-70
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    • 2020
  • The purpose of this study is to construct the ACD model for the block trading volume duration. The ACD model based on the block trading volume duration is referred to as Volume ACD (VACD) in this study. By integrating with GARCH-type models, the VACD based GARCH type models, which include VACD-GARCH, VACD-IGARCH and VACD-FIGARCH models, are set up. This study selects Chunghwa Telecom (CHT) Inc., offering the America Depository Receipt (ADR) in NYSE, to investigate the block trading volume duration in Taiwanese equity market. The empirical results indicate that the long memory in volume duration series increases dependence at level of volatility clustering by VACD (2,1)-FIGARCH (3,d,1) model. Moreover, the VACD (2,1)-IGARCH (1,1) exhibits relatively better performance of prediction on capturing block trading volume duration. This volatility model is more appropriate in this study to portray the change of the CHT Inc. prices and provides more information about the volatility process for investment strategy, which can be a reference indicator of financial asset pricing, hedging strategy and risk management.

Information & Analytical Support of Innovation Processes Management Efficience Estimations at the Regional Level

  • Omelyanenko, Vitaliy;Pidorycheva, Iryna;Voronenko, Viacheslav;Andrusiak, Nataliia;Omelianenko, Olena;Fyliuk, Halyna;Matkovskyi, Petro;Kosmidailo, Inna
    • International Journal of Computer Science & Network Security
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    • 제22권6호
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    • pp.400-407
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    • 2022
  • Innovations significantly affect the efficiency of the socioeconomic systems of the regions, acting as a system-forming element of their development. Modern models of economic development also consider innovation activity, intellectual potential, knowledge as the basic factors for stimulating the economic growth of the region. The purpose of the study is to develop methodological foundations for evaluating the effectiveness of a regional innovation system based on a multidimensional analysis of its effects. To further study the effectiveness of RIS, we have used one of the methods of multidimensional statistical analysis - canonical analysis. The next approach allows adding another important requirement to the methodological provision of evaluation of the level of innovation development of industries and regions, namely - the time factor, the formalization of which is realized in autoregressive dynamic economic and mathematical models and can be used in our research. Multidimensional Statistical Analysis for RIS effectiveness estimation was used to model RIS by typological regression. Based on it, multiple regression models were built in groups of regions with low and relatively high innovation potential. To solve the methodological problem of RIS research, we can also use the approach to the system as a "box" with inputs and outputs.

수정된 엘만신경망을 이용한 외환 예측 (Predicting Exchange Rates with Modified Elman Network)

  • ;박범조
    • 지능정보연구
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    • 제3권1호
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    • pp.47-68
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    • 1997
  • This paper discusses a method of modified Elman network(1990) for nonlinear predictions and its a, pp.ication to forecasting daily exchange rate returns. The method consists of two stages that take advantages of both time domain filter and modified feedback networks. The first stage straightforwardly employs the filtering technique to remove extreme noise. In the second stage neural networks are designed to take the feedback from both hidden-layer units and the deviation of outputs from target values during learning. This combined feedback can be exploited to transfer unconsidered information on errors into the network system and, consequently, would improve predictions. The method a, pp.ars to dominate linear ARMA models and standard dynamic neural networks in one-step-ahead forecasting exchange rate returns.

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Transforming Inter-Organizational Information Systems into Electronic Commerce Marketplaces: Development of B2B Electronic Commerce in China's Pharmaceutical Industry

  • Li Mingzhi;Tu Yulin;Wang Xiaochen;Reimers Kai
    • Management Science and Financial Engineering
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    • 제11권3호
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    • pp.61-78
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    • 2005
  • The aim of this paper is to identify the barriers to the B2B e-commerce development in China's pharmaceutical industry and to devise an effective strategy for its future development. Built on a detailed investigation of the market structure and recent development of electronic commerce in China's pharmaceutical industry, this paper proposes that the key issue in the development of effective B2B e-commerce business models is the successful transformation of the inter- organizational information systems into electronic marketplaces. In order to ensure the success of such electronic marketplaces, a government driven approach will be needed. In the process, designing an incentive compatible mechanism of coordinating the interest of all the market players will be the prerequisite.

Factors Affecting the Sales of Newspapers and Magazines Based on Concise Catalog

  • Dayou Jiang
    • Journal of Information Processing Systems
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    • 제19권4호
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    • pp.498-512
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    • 2023
  • The traditional newspaper industry faces the opportunities and challenges of industry transformation and integration with new media. Consequently, the catalogs of newspapers and magazines are also updated. In this study, necessary information on catalogs was obtained and used to analyze the overall development trend of the newspaper industry. A word frequency analysis was then performed on the introduction and product categories of the catalogs, and the content and types of newspapers and magazines were examined. Furthermore, related factors such as price, number of pages, publishing frequency, and best-selling status were analyzed; the correlation among factors affecting best-selling status was also explored. Subsequently, each element and a combination of elements were used to generate a dataset, build three classification models, and analyze the accuracy of predictions of whether newspapers sold well under other circumstances. The experimental results showed that price is the most critical factor affecting the best-selling status of newspapers and magazines. Publishing frequency and the number of pages were also found to be significant indicators that impact people's subscription choices. Finally, a competitive strategy regarding content, price, quality, and positioning was developed.

SOM을 이용한 제품수명주기 기반 서비스 수요예측 (Product Life Cycle Based Service Demand Forecasting Using Self-Organizing Map)

  • 장남식
    • 지능정보연구
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    • 제15권4호
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    • pp.37-51
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    • 2009
  • 서비스 인적자원 운용의 효율성 제고와 부품 또는 시설 할당의 적정성 향상을 위해 서비스센터를 통해 접수되는 서비스 요청 건수를 보다 정확하게 예측하고자 하는 필요성이 제조업을 중심으로 증가하고 있다. 본 연구에서는 제품의 특성을 반영하여 제품수명주기 별로 제품들을 군집화하고 군집 별로 적절한 예측모형을 구축한 후 예측 값을 통합하는 개별예측방식을 LCD 모니터 제조사의 사례를 통해 제시한다. 또한 예측 결과를 총량방식 및 기존에 기업이 사용하고 있는 방식과 비교. 평가하여 우수성을 증명함으로써 제품이나 산업의 특성을 반영한 맞춤형 수요예측 기법 도입의 필요성을 부각하고, 그에 따른 이론적, 실무적 가이드라인을 제공한다.

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E-SERVQUAL and Its Impact on the Performance of Islamic Banks in Malaysia from the Customer's Perspective

  • Baber, Hasnan
    • The Journal of Asian Finance, Economics and Business
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    • 제6권1호
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    • pp.169-175
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    • 2019
  • Service quality has been a point of discussion from the decades as it is important for customer satisfaction, loyalty and retention. Various models have been proposed to measure the quality in the service sector. Models are modified in accordance with context and geography to assess the quality of service better. This study aims to investigate the impact of the modified e-SERVQUAL model on the customer perception about the existing relation and potential scope of doing business with a bank which in-turn will decide the performance of the bank. Statistical data was analyzed through various tests like reliability analysis, correlation and regression analysis using SPSS 25.0. The primary data of e-SQ and performance was gathered from 721 internet banking users using 32 item questionnaire, representing 72% response rates, of four selected Islamic banks of Malaysia. E-SERQUAL was modified by adding Shariah Compliance information about banks and products for Islamic banking customers. The finding specified that efficient & reliable services, fulfillment, security/trust, and Shariah compliance information have a significant association with the performance of Islamic banks. The research is original and its implications will be helpful for Islamic banks across the world to enhance the online experience of customers, which will help them to retain the customers in the rapid changing virtual environment.

Latest Transformations of XP Process Model: A Systematic Literature Review

  • Khan, Sadia;Fahiem, Muhammad Abuzar;Bakhtawar, Birra;Aftab, Shabib;Ahmad, Munir;Aziz, Nauman;Almotilag, Abdullah;Elmitwally, Nouh Sabri
    • International Journal of Computer Science & Network Security
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    • 제21권6호
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    • pp.143-150
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    • 2021
  • Process model is an integral part of software industry. Different process models are used now a days in the industry for different software projects. Process models need to be tailored to address some specific project needs. Agile models are considered as the most widely used process models nowadays. They have distinctive features and the ability to address the dynamic needs of today's software development. Extreme programming (XP) is one of the extensively used agile process model especially for small projects. Many researchers have tried to mold XP to overcome its shortcomings and for better working in specific scenarios. Therefore, many customized versions of XP process model are available today. In this paper, we are going to analyze the latest customizations of XP. For this purpose, a systematic literature review is conducted on studies published from 2012 till 2018 in renowned online search libraries. This comprehensive review highlights the purpose of customizations, along with the areas in which customizations are made, and phases & practices which are being customized. This work will serve the researchers to discover the modern versions of XP process model as well as will provide a baseline for future directions for customizations.

포아송 분포의 혼합모형을 이용한 기부 횟수 자료 분석 (The Analysis of the Number of Donations Based on a Mixture of Poisson Regression Model)

  • 김인영;박수범;김병수;박태규
    • 응용통계연구
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    • 제19권1호
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    • pp.1-12
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    • 2006
  • 본 논문에서는 2002년에 (사)볼런티어21에서 실시한 설문조사 자료를 이용하여 2001년에 우리나라 개인들이 기부한 횟수에 영향을 주는 유의한 변수들을 식별하였다. 기부횟수의 경험적 분포로 미루어 모집단은 기부를 적게 하는 집단과 많이 하는 집단으로 구성되며 따라서 모집단 분포를 두개 포아송 분포의 혼합분포로 모형화하였다. 이 모형에 기초하여 기부횟수에 영향을 미치는 변수들을 식별하였다. EM알고리즘을 이용하여 모수를 추정하고 2.5%와 97.5%에 기초한 백분위수 신뢰구간을 보완한 BCa(bias-corrected and accelerated) 신뢰구간을 계산하여 유의한 변수들을 찾았다. 연구결과 혼합 포아송 회귀모형에서는 기부횟수가 적은 집단("작은 군")과 기부횟수가 많은 집단("큰 군") 모두에서 소득과 자원봉사의 경험 유무(1:예, 0:아니오)가 기부횟수에 유의적으로 영향을 주는 변수로 밝혀졌다. 또한 두 변수 각각에서 회귀계수가 양수로 나타나 소득이 많을수록, 혹은 자원봉사의 경험이 있는 사람일수록 기부횟수가 증가하는 것을 알 수 있다. 그러나 소득과 자원봉사 변수의 회귀계수는 "작은 군"이 "큰 군"에 비해 더욱 크게 나타나고 있다. "작은 군"보다 "큰 군"의 사람들에게 기부가 생활화되어 있고, 따라서 소득과 자원봉사의 경험 유무가 기부횟수에 미치는 영향이 상대적으로 적은 것으로 파악된다.